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ASIC has flagged it may take regulatory action against super fund executives and directors for switching personal investment options using insider information.
Morgan Stanley’s negligence gave financial advisor PTSD, suit claims
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A former Morgan Stanley financial adviser has launched a lawsuit against the investment banking giant, alleging its negligence led to psychological strain so severe it rendered her permanently unfit for her job.
Ex-Caterpillar employee accused of taking ‘many thousands’ of confidential files
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Construction equipment giant Caterpillar has accused a former employee of flagrantly copying “many thousands” of confidential files before moving to a rival.
Crown report points finger at MinterEllison, internal legal team
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MinterEllison and Crown Resort’s internal lawyers were partially at fault for misconduct unearthed in a damning Royal Commission report into the casino operator because they failed to ask whether certain actions were moral as well as legal, the commissioner has found.
Crown gets two years to fix ‘illegal, dishonest, unethical’ conduct or face loss of casino licence
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Crown Resorts has avoided having its casino licence stripped, for now, with a Victorian Royal Commission giving the casino operator two years to clean up its act after finding it failed to prevent “illegal, dishonest, unethical and exploitative” conduct.
Government hit with climate change class action by Torres Strait Islanders
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A class action has been filed alleging the Morrison government has a novel duty of care to protect Torres Strait Islanders from the devastating effects of climate change.
BlueScope general manager ‘not an honest witness’, ACCC tells court
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BlueScope Steel general manager Jason Ellis was not an honest witness and did not express genuine regret when he apologised for obstructing an ACCC investigation, a court hearing the regulator’s price-fixing case was told Tuesday.
NAB seeks urgent declaration following criminal wage theft case
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The National Australia Bank is seeking an urgent declaration regarding the interpretation of the Fair Work Act, four days after the Wage Inspectorate of Victoria accused it of failing to pay former employees their long service leave entitlements.
Eastern Health, Royal Women’s targeted in latest junior doctors class action
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Eastern Health and the Royal Women’s Hospital have become the latest hospital operators to be stung with a class action alleging they failed to pay junior doctors for unrostered work hours.
Lendlease, Acciona lock horns over $160M engineering acquisition
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Infrastructure developers Lendlease and Acciona are suing each other for tens of millions of dollars over alleged losses stemming from Acciona’s $160 million acquisition of Lendlease’s engineering business, which saw it take over the Gawler rail project in South Australia.